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Hedging Transactions and Derivative Financial Instruments (Tables) | 6 Months Ended
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Jul. 03, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Derivative instruments, gain (loss) | The following table summarizes the notional values and pretax impact of changes in the fair values of instruments designated as net investment hedges in OCI for the three and six months ended July 3, 2026 and June 27, 2025 ($ in millions):
| Three Months Ended July 3, 2026 |  | Three Months Ended June 27, 2025
| Notional Amount |  | Gain (Loss) Recognized in OCI |  | Notional Amount |  | Loss Recognized in OCI
Foreign currency denominated debt | $ | 514.7 |  |  | $ | 3.7 |  |  | $ | 527.3 |  |  | $ | (33.0) |
Foreign currency contract | 150.0 |  |  | (0.2) |  |  | 150.0 |  |  | (11.6) |
Total | $ | 664.7 |  |  | $ | 3.5 |  |  | $ | 677.3 |  |  | $ | (44.6) |
| Six Months Ended July 3, 2026 |  | Six Months Ended June 27, 2025
| Notional Amount |  | Gain Recognized in OCI |  | Notional Amount |  | Loss Recognized in OCI
Foreign currency denominated debt | $ | 514.7 |  |  | $ | 13.9 |  |  | $ | 527.3 |  |  | $ | (49.6) |
Foreign currency contract | 150.0 |  |  | 2.7 |  |  | 150.0 |  |  | (16.3) |
Total | $ | 664.7 |  |  | $ | 16.6 |  |  | $ | 677.3 |  |  | $ | (65.9) |
Schedule of notional amounts of outstanding derivative positions | The following table summarizes the notional values and pretax impact of changes in the fair values of instruments designated as net investment hedges in OCI for the three and six months ended July 3, 2026 and June 27, 2025 ($ in millions):
| Three Months Ended July 3, 2026 |  | Three Months Ended June 27, 2025
| Notional Amount |  | Gain (Loss) Recognized in OCI |  | Notional Amount |  | Loss Recognized in OCI
Foreign currency denominated debt | $ | 514.7 |  |  | $ | 3.7 |  |  | $ | 527.3 |  |  | $ | (33.0) |
Foreign currency contract | 150.0 |  |  | (0.2) |  |  | 150.0 |  |  | (11.6) |
Total | $ | 664.7 |  |  | $ | 3.5 |  |  | $ | 677.3 |  |  | $ | (44.6) |
| Six Months Ended July 3, 2026 |  | Six Months Ended June 27, 2025
| Notional Amount |  | Gain Recognized in OCI |  | Notional Amount |  | Loss Recognized in OCI
Foreign currency denominated debt | $ | 514.7 |  |  | $ | 13.9 |  |  | $ | 527.3 |  |  | $ | (49.6) |
Foreign currency contract | 150.0 |  |  | 2.7 |  |  | 150.0 |  |  | (16.3) |
Total | $ | 664.7 |  |  | $ | 16.6 |  |  | $ | 677.3 |  |  | $ | (65.9) |
Schedule of derivative instruments in statement of financial position, fair value | The Company’s derivative instruments, as well as its non-derivative debt instrument designated and qualifying as net investment hedges, were classified in the Company’s Condensed Consolidated Balance Sheets as follows ($ in millions):
| July 3, 2026 |  | December 31, 2025
Derivative liabilities: |  |  |
Other long-term liabilities | $ | 7.5 |  |  | $ | 10.2 |
Non-derivative hedging instruments: |  |  |
Long-term debt | $ | 514.7 |  |  | $ | 528.6 |

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